RE: Current sp16 Mar 2023 11:10
Shearer stated he wants to be more transparent with PI's and admitted communication had been poor. Respect to him for that.
He also stated they were close with 6 other funders, yet has no intention of repaying the CLN's. Indeed, he even stated he thought it was a good idea to have a diverse mix of shareholders, which is complete and utter bulls**t and treating PI';s with contempt, proving, that It fails to register with Shearer, that when he announced the CLN's it crashed the SP and investor confidence and it has failed to recover since and will most certainly not recover until the CLN's are dealt with, yet he is happy with this.
It deeply concerns me as a PI (and I'm sure most PI's on this BB) that Shearer fails to understand that CLN's sends a massive signal to us PI's that a company is in trouble. He seems completely oblivious that when we start trading on the US market, potential investors will see the CLN's and run a mile.
Wake up Shearer.
The above is AIMO.
GLA